If you are new to crypto this is for you

[rahmatullah9305]

Agree that we must analyze the price so that when we buy, we get the lowest price. But for new users, analyzing is sometimes difficult because it requires technical analysis skills and I also agree that it is better not to invest in new projects for new users because the risk is higher.

New users are not told to invest because there are still many things that they have to understand first, only in every matter related to investment, it is clear that they have to analyze it first and it is even highly recommended to do it several times so that someone does not make a mistake in making a prediction on the price. will be circulating later.

[DU18]

I hope newbies will have the patience to always do research and learn more about any project before investing on them, the biggest mistake one can make is investing lots of money on weak project or scam projects, always use diversity too and this will create high chances to success

Lack of detailed information on a project will usually cause newbies to get caught up in a fraudulent investment and many newbies don't think long if they see a project that offers them many benefits, even though we all know there are many fraudulent projects that make greed their main weapon, They are in attracting victims to want to invest in the fraudulent project, I think newbies, and we all must really understand in analyzing an investment project so that we can avoid losses that we don't want, if we only rely on greed, of course we will never get a profit, and we will only lose the money we have later.

[darewaller]

this is a good piece that can save lifes. firstly is to research about exchange and choose the one that is best for you. learn also to manage your risk,  try to invest in more than one project , not many but dont focus on one yet. learn to take profits be statisfied and not to be greedy.

Well looking at the current market situation I believe focusing and investing on a single coin or token is a better idea actually because there are mostly scams and if you find a good coin to invest in then you might want to focus on it and see how they are moving ahead with the project. You might invest small in some unknown or less known entities but really focusing on a single token and once you profited out then move to the next one is a better idea.

I don't invest much in any altcoins and I only hold major alts like USDT, TRX, XRP and obviously ETH (I do hold BTC but that doesn't count in alts) so I don't know the recent market and the coins out there, I heard DOT is another one that might see a big price boost soon because they are really solid but didn't got enough time to research.

[santouao]

All of these mention tips are really important and helpful for beginners. It doesn't matter how quickly you raise or earn money, so you must first study a project before embarking on it. So you should always be wise to avoid fraudulent market projects and will not gonna waste the money you invest in it.

[VivGaming]

All of these mention tips are really important and helpful for beginners. It doesn't matter how quickly you raise or earn money, so you must first study a project before embarking on it. So you should always be wise to avoid fraudulent market projects and will not gonna waste the money you invest in it.

These all tips are helpful not only for newbies even many old pals also can learn from them because many times these things ignored by many can give some good lost of funds and can create many other problems as well so just try to have some good knowledge and invest which you can afford to lost is very important for all of us.

[ARTCOINSLV]

We need to guide the newbies because they made a lot of mistakes due to informatuon that they have is not enough just like us.
The people who gives awareness and sharing information they can prevent losing money and also the scammer their primary target is newbie so it is our responsibility to teach them on how to agoid wrong project but it depends to them mostly they made.

You can't help everyone.
It is necessary to close access to this market for fraudsters.
Teams must obtain a license from the state for their activities

[pixie85]

5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

No!

I keep telling people that diversification doesn't work in crypto.

It's a rule taken straight from traditional investing where you diversify between stocks arnd real estate and so on so if there's a crash on one of the markets you don't lose everything and may profit somewhere else.

Crypto is crypto. It doesn't matter if you buy one shitcoin or the other if Bitcoin crashes they will al crash.

[Zeehaxan]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

I would also suggest the small investors to not to diversify your portfolio, just do your research properly and then just buy one or two coins only, the point is that there is no need to diversfiy unless you have decent money to start you investment journey and to design a balanced portfolio.

[blckhawk]

We need to guide the newbies because they made a lot of mistakes due to informatuon that they have is not enough just like us.
The people who gives awareness and sharing information they can prevent losing money and also the scammer their primary target is newbie so it is our responsibility to teach them on how to agoid wrong project but it depends to them mostly they made.

They do a lot of mistakes and of course as someone who already has experience and knowledge in this industry we need to guide them for their goods. However, sometimes mistakes become the best mentor, I mean if they made a mistake it will register or make them realize what they did wrong and by then they will seek a solution for it or avoid making the same mistake again.
My advice on newbies is that don't afraid to make a mistake because this will be your lesson, it will make you strong and wiser. We've all been there, even those prestigious ones make a mistake but look at them now.

[TheGreatPython]

yes, I often hear suggestions like that and it's a good thing to do before investing our money in crypto projects. especially for newcomers and old users not to be greedy, to be able to manage financial management properly, not to invest in a single coin or invest in some of the top coins to get a good return on investment.

Yeah, the point I liked the most was focus on the process and making money should always be the last thought because once yo learn the process and understand how things work in this high volatility market you will be better adapted to investing in altcoins and you would easily spot scam coins out there because most of the scam projects have something in common like they will always make big promises and talk about price to the moon while the real and good projects will always focus on the product based on some kind of problem solving.

Although these points are good and sound simple but it is not easy because once you enter the market you will get kind of amazing offers and some opportunities will look like they might never come again if you miss, so you have to control the FOMO and make decisions.

[maldini]

The more subtleties of the information we have, the more things we can think about the task, which can be the best approach to choose later if the undertaking merits contributing. I generally guidance new financial specialists to figure out how to make sure about your crypto portfolio and become tied up with Bitcoin and Ethereum while you contribute the chance to learnt.

[emmaglory5]

It became the absolutely wrong time to buy crypto. ... But cryptocurrency is important and it is not going away, or be limited to 100 years as others may speculate: transactions are fast, digital, secure and worldwide, which in essence allow the maintenance of records without risk of data being pirated.

[redsun114]

If you are a newbie and you want to get involved, first understand why people are here and what makes crypto so special. I understand that many people come to crypto with the idea of "making a lot of money" and that is totally understandable because tons of people made a lot of money from crypto in the past so you want to be like them, hell maybe people around you are making money with some right trades right now and you want to be like them, but you have to first understand the whole idea behind why they exist before you can understand what can go up.

Look at all the things that have gone up in the crypto world for the past 10 years and you will realize one thing common ; they all try to take out traditional financial system, not all of it with one idea, but they are taking it down one by one with each new project, so you have to find stuff that could potentially replace something in traditional finance world.

[cryptolord2077]

Everybody is desperate for money, most especially those who are in very bad shapes, the possibility of having a settled mind to learn will be low, if you are this type of person I suggest you invest in binance IEO, this is the surest way to double your money but binance launchpads don't occur every month, it takes time

Moreover, you have not said the most important things. IEO for Binance implies that you will gold BNB coins for a long time, usually for a month, and only then you will be allowed to participate in the lottery, the number of tickets in which will depend on your BNB allocation. As a result, some of these tickets will be winning and most will be losing.

[kevinzxz]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

I personally only suggest two rules if you want to invest in cryptocurrency, that is :
1. You are better investing in projects that already have progress and product, because the risk is less than you invest in a new project;
2. You should not invest using all the savings you have, because investing has risks, so you really have to set aside money that is ready to be used as an investment and you must be prepared if the money will be lost if your investment fails.

[Festac]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

Bad exchanges like p2pb2b have fooled few developers who knew too small information about crypto exchanges, some ranking websites still ranks p2pb2b exchange as a top exchange, so misleading, developers need to smart up and avoid exchanges like

1. P2PB2B
2. Exmarket
3. Latoken
4. Tokpie

[bearexin]

Not all of them are here, there are lots of people that are into cryptocurrency that are yet to discover that there is a forum like this, it’s all with time.

Some people who are smart are going to do their research first; when I was still new to crypto and online investments, I usually do research of any platform I want to make use of to know whether they are scam or not, even wallets that I want to use then, I researched about them and found reviews and articles that would help me determine for myself, and at the time I am saying this is when I didn’t know about this forum. So people have to be sure, you don’t just blindly follow whatever you see.

[articlecity]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

I have read similar things many times but i think greed is good, i am talking about greed in a positive way and by it i mean the desire to move ahead and earn good profits and finally financial freedom. I am sure mostly are here just because of this greed and this is something that pushes us to do something extra to reach our goals faster. Yes there will be scams, frauds, risks on the way but they are the part of every business and without all these things we cannot experience anything and cannot move forward.

[Princeofpoetry]

the most important thing is to always update developments about the project. this becomes the basis for the newbie for further action. whether to survive or switch investments. a lot of learning and looking for information will add to the experience of choosing the right investment

[Fakhrulenclix]

Everything should start with learning. Learning something is very important before we go to the next step. We all know cryptocurrency is so risk and people before join they should know it. And I think the most important in cryptocurrency is the private key. So newbie should be focus to learn about it.

Until now I see a lot of new people in cryptocurrency using centralized wallet. that's mean they don't fully control their asset, dangerous. So learn about private key will make them realize the dangers of that